• Fiona Smith

Economics of Biodiversity Review - the call for evidence


Professor Partha Dasgupta, Cambridge University

An independent global review, the first on biodiversity to be led by an economics and finance-related government department, is being headed by Cambridge University's Professor Partha Dasgupta, with the consultation period running until November 6th, the UK Treasury has announced.

The review will report ahead of the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity in China in October 2020. The findings will help shape the international response to biodiversity loss, including the successors to the Aichi Biodiversity Targets. 

The Dasgupta Review also aims to inform global action to deliver the Sustainable Development Goals and its primary audience is economic and finance policy and decision makers who significantly influence the response to biodiversity loss.

The review has been asked to examine the evidence on:How biodiversity supports sustainable economic growth;The implications of further biodiversity loss for the prospects for economic growth over the coming decades, accounting for the interaction with other aspects of environmental degradation, including climate change;The impact, effectiveness and efficiency of existing national and international actions and arrangements to limit and reverse the loss of biodiversity and their impact on economic growth. Based on this evidence, the review will then provide an assessment of:A range of scenarios for enhancing global biodiversity compared with business as usual, focusing on the medium to long-term perspective and the relationship with economic growth; The range of best practices, initiatives and interventions for industry, communities, individuals and governments that can simultaneously achieve the goals of enhancing biodiversity and delivering sustainable economic growth. This will draw out implications for the timescales for action and the range of scenarios above. It will recognise the interactions with climate change mitigation and adaptation needs and opportunities.The Dasgupta Review will be based on a thorough consideration of robust, relevant, up-to-date evidence, including the existing work of the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES), the Millennium Ecosystem Assessment and The Economics of Ecosystems and Biodiversity (TEEB).

If you have specific expertise and evidence to share, go to gov.uk for details.

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